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Sharmas Journal

  #31 (permalink)
 bugsbunny 
toronto,ontaio
 
Posts: 973 since May 2010


sharmas View Post
Still in it


I see you are hitting the green.. Im glad you are going with your instincts & waiting for your setups to happen....

Wish you all the best


bugs


Can you help answer these questions
from other members on NexusFi?
How to apply profiles
Traders Hideout
REcommedations for programming help
Sierra Chart
ZombieSqueeze
Platforms and Indicators
Trade idea based off three indicators.
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
  #32 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Nice long

Need to build on my confidence to stay longer in trades


sharmas

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  #33 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750


Took 2 trades and worked out to my predetermined target

how do i stay longer..

Trailing stop comes to mind and i should be great full and thankful that i had 3 great trades today.

Nice start to my holiday to Fiji Islands

Taking family for a nice holiday for 2 weeks as i have been working on lots of other projects and also trading is taking a lot of time.

Will review my trades, entries, and work on high probability set ups while in Fiji...with a clean and fresh mind

Sharmas

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  #34 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,454 since Jun 2009
Thanks Given: 33,227
Thanks Received: 101,644

Congratulations on your journal!



In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

C) Were you initially reluctant to start this trading journal? If yes, why?

D) How do you feel, overall, about your journaling experience?

E) Would you recommend to others that they should also start a trading journal?

Thank you for taking the time to answer my questions. I appreciate your posts, and I hope you have benefited from your journal. I also know that others will benefit as well, just by reading about your own experiences.

Enjoy your weekend,
Mike

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  #35 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Nice set up based on my rules and so far so good.


Could be a early night for me

Sharmas

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  #36 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Nice set up and lets see what the markets delivers me today


sharmas

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  #37 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Thank you universe

The 6E delivered me 60 ticks and have banked in 737.50 less commission.


Sharmas

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  #38 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Closed the trade as there is a High Impact news item in few minutes.


Will now go and have a good rest.

Ended up $1007.50 day less commission today from my first 2 trades.

And as i am typing this, the market has gone down and would have delivered my target, but RULES are rules.


sharmas

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  #39 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Current view and volume is very light as expected at this time of the day


sharmas

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  #40 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750


Was a great trade and as my rules, no new trades 15 mins before a major news item and no trades 15 mins after the major news item.

I took my profit at 1.0330 and the market paid another 37 ticks in profit...take what you have and dont be greedy.


Go for high probability trades and with set targets and stop-Money Management.

All in all a great day.


We were to fly out to Fiji Islands on Sunday,however due to worse flooding in Fiji's history we are at home awaiting for our next flight. We were then schedule to fly out today, that got rescheduled.

So will try to get some much needed rest and work on my trading strategies and plan out my High Probability trade set ups.


Sharmas

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